Asian stocks rose on optimism about potential stimulus measures from China, following positive comments from Federal Reserve policymakers. Japanese, South Korean, and Hong Kong markets saw gains. Investors are also awaiting key US economic data later this week. Meanwhile, oil prices edged higher amid geopolitical tensions in the Middle East.
Asian markets plunge with Japan’s Nikkei diving nearly 8% after the big meltdown on Wall St
Asian shares nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump’s tariff hikes and the backlash from Beijing.